Amended and Restated Administration Agreement Between JNL Series Trust and Jackson National Asset Management, LLC
EX. 99.28(h)(1)(ix)
Amendment to
Amended and Restated Administration Agreement
Between JNL Series Trust and
Xxxxxxx National Asset Management, LLC
This Amendment is made by and between Xxxxxxx National Asset Management, LLC, a Michigan limited liability company (“Administrator”), and JNL Series Trust, a Massachusetts business trust (“Trust”).
Whereas, the Trust and the Administrator entered into an Amended and Restated Administration Agreement effective as of July 1, 2013, as amended September 5, 2013 and September 16, 2013 (“Agreement”), whereby the Administrator agreed to perform certain administrative services to several separate series of shares (each a “Fund”) of the Trust, as listed on Schedule A of the Agreement.
Whereas, the following fund merger, fund name change, new funds, and new Cayman Islands Company have been approved by the Board of Trustees of the Trust:
Fund Merger
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JNL/M&G Global Basics Fund being merged into the JNL/Xxxxxxxxxxx Global Growth Fund
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Fund Name Change
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JNL/Brookfield Global Infrastructure Fund to JNL/Brookfield Global Infrastructure and MLP Fund
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New Funds
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JNL/AllianceBernstein Dynamic Asset Allocation Fund
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JNL/MMRS Growth Fund
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JNL/MMRS Moderate Fund
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JNL/MMRS Conservative Fund
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JNL/Scout Unconstrained Bond Fund
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JNL/S&P Mid 3 Fund
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JNL Investment Committee - Global Strategic Moderate with Alts Fund;
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JNL Investment Committee - Global Strategic Moderately Aggressive with Alts Fund; |
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JNL Investment Committee - Strategic Moderate Fund; and |
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JNL Investment Committee - Strategic Moderately Aggressive Fund.
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New Cayman Islands Company
JNL/AllianceBernstein Dynamic Asset Allocation Fund Ltd.
Whereas, pursuant to the fund merger, fund name change, and new funds outlined herein-above, the parties have agreed to amend Schedule A and Schedule B of the Agreement to:
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remove the JNL/M&G Global Basics Fund;
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change the JNL/Brookfield Global Infrastructure Fund to JNL/Brookfield Global Infrastructure and MLP Fund
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add the JNL/AllianceBernstein Dynamic Asset Allocation Fund;
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add the JNL/MMRS Growth Fund;
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add the JNL/MMRS Moderate Fund;
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add the JNL/MMRS Conservative Fund;
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add the JNL/Scout Unconstrained Bond Fund;
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add the JNL/S&P Mid 3 Fund;
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add the JNL Investment Committee - Global Strategic Moderate with Alts Fund;
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add the JNL Investment Committee - Global Strategic Moderately Aggressive with Alts Fund;
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add the JNL Investment Committee - Strategic Moderate Fund; and
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add the JNL Investment Committee - Strategic Moderately Aggressive Fund.
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Whereas, pursuant to the new Cayman Islands Company outlined herein-above, the parties have agreed to amend Schedule C of the Agreement to:
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add the JNL/AllianceBernstein Dynamic Asset Allocation Fund Ltd. |
Now Therefore, in consideration of the mutual covenants herein contained, the parties hereby agree to amend the Agreement as follows:
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1.
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Schedule A to the Agreement is hereby deleted and replaced in its entirety with Schedule A dated April 28, 2014, attached hereto.
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2.
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Schedule B to the Agreement is hereby deleted and replaced in its entirety with Schedule B dated April 28, 2014, attached hereto.
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3.
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Schedule C to the Agreement is hereby deleted and replaced in its entirety with Schedule C dated April 28, 2014, attached hereto.
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In Witness Whereof, the Administrator and the Trust have caused this Amendment to be executed as of January 27, 2014, effective as of April 28, 2014.
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Xxxxxxx National Asset Management, LLC
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| By: |
/s/ Xxxxxxx X. Xxxxxx
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By: |
/s/ Xxxx X. Xxxxx
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| Name: |
Xxxxxxx X. Xxxxxx
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Name: |
Xxxx X. Xxxxx
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| Title: |
Assistant Secretary
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Title: |
President and CEO
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Schedule A
Dated April 28, 2014
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Funds
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JNL/American Funds Balanced Allocation Fund
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JNL/American Funds Blue Chip Income and Growth Fund
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JNL/American Funds Global Bond Fund
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JNL/American Funds Global Small Capitalization Fund
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JNL/American Funds Growth Allocation Fund
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JNL/American Funds Growth-Income Fund
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JNL/American Funds International Fund
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JNL/American Funds New World Fund
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JNL/AllianceBernstein Dynamic Asset Allocation Fund
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JNL/AQR Managed Futures Strategy Fund
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JNL/BlackRock Commodity Securities Strategy Fund
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JNL/BlackRock Global Allocation Fund
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JNL/BlackRock Large Cap Select Growth Fund
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JNL/Brookfield Global Infrastructure and MLP Fund
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JNL/Capital Guardian Global Diversified Research Fund
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JNL/Capital Guardian Global Balanced Fund
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JNL/DFA U.S. Core Equity Fund
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JNL/Eagle SmallCap Equity Fund
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JNL/Eastspring Investments Asia ex-Japan Fund
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JNL/Eastspring Investments China-India Fund
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JNL/Franklin Xxxxxxxxx Founding Strategy Fund
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JNL/Franklin Xxxxxxxxx Global Growth Fund
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JNL/Franklin Xxxxxxxxx Global Multisector Bond Fund
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JNL/Franklin Xxxxxxxxx Income Fund
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JNL/Franklin Xxxxxxxxx International Small Cap Growth Fund
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JNL/Franklin Xxxxxxxxx Mutual Shares Fund
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A-1
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Funds
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JNL/Franklin Xxxxxxxxx Small Cap Value Fund
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JNL/Xxxxxxx Sachs Core Plus Bond Fund
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JNL/Xxxxxxx Xxxxx Emerging Markets Debt Fund
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JNL/Xxxxxxx Sachs Mid Cap Value Fund
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JNL/Xxxxxxx Xxxxx U.S. Equity Flex Fund
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JNL Institutional Alt 20 Fund
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JNL Institutional Alt 35 Fund
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JNL Institutional Alt 50 Fund
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JNL Institutional Alt 65 Fund
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JNL/Invesco International Growth Fund
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JNL/Invesco Global Real Estate Fund
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JNL/Invesco Large Cap Growth Fund
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JNL/Invesco Mid Cap Value Fund
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JNL/Invesco Small Cap Growth Fund
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JNL/Ivy Asset Strategy Fund
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JNL/JPMorgan International Value Fund
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JNL/JPMorgan MidCap Growth Fund
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JNL/JPMorgan U.S. Government & Quality Bond Fund
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JNL/Lazard Emerging Markets Fund
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JNL/Mellon Capital Bond Index Fund
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JNL/Mellon Capital Dow Xxxxx
U.S. Contrarian Opportunities Index Fund |
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JNL/Mellon Capital Emerging Markets Index Fund
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JNL/Mellon Capital European 30 Fund
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JNL/Mellon Capital Global Alpha Fund
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JNL/Mellon Capital Index 5 Fund
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JNL/Mellon Capital International Index Fund
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JNL/Mellon Capital Pacific Rim 30 Fund
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A-2
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Funds
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JNL/Mellon Capital Small Cap Index Fund
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JNL/Mellon Capital 10 x 10 Fund
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JNL/Mellon Capital S&P 500 Index Fund
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JNL/Mellon Capital S&P 400 MidCap Index Fund
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JNL/Mellon Capital Utilities Sector Fund
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JNL/MMRS Growth Fund
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JNL/MMRS Moderate Fund
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JNL/MMRS Conservative Fund
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JNL/Xxxxxx Xxxxxxx Mid Cap Growth Fund
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JNL/Xxxxxxxxx Xxxxxx Strategic Income Fund
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JNL/Xxxxxxxxxxx Global Growth Fund
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JNL/PPM America Floating Rate Income Fund
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JNL/PIMCO Real Return Fund
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JNL/PIMCO Total Return Bond Fund
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JNL/PPM America High Yield Bond Fund
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JNL/PPM America Mid Cap Value Fund
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JNL/PPM America Small Cap Value Fund
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JNL/PPM America Value Equity Fund
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JNL/Red Rocks Listed Private Equity Fund
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JNL/Scout Unconstrained Bond Fund
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JNL/X. Xxxx Price Established Growth Fund
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JNL/X. Xxxx Price Mid-Cap Growth Fund
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JNL/X. Xxxx Price Short-Term Bond Fund
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JNL/X. Xxxx Price Value Fund
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JNL/WMC Balanced Fund
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JNL/WMC Money Market Fund
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JNL/WMC Value Fund
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A-3
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Funds
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JNL/S&P Managed Growth Fund
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JNL/S&P Managed Conservative Fund
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JNL/S&P Managed Moderate Growth Fund
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JNL/S&P Managed Moderate Fund
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JNL/S&P Managed Aggressive Growth Fund
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JNL/S&P Competitive Advantage Fund
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JNL/S&P Dividend Income & Growth Fund
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JNL/S&P Intrinsic Value Fund
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JNL/S&P Total Yield Fund
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JNL/S&P 4 Fund
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JNL/S&P Mid 3 Fund
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JNL Disciplined Moderate Fund
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JNL Disciplined Moderate Growth Fund
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JNL Disciplined Growth Fund
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JNL Investment Committee - Global Strategic Moderate with Alts Fund
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JNL Investment Committee - Global Strategic
Moderately Aggressive with Alts Fund |
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JNL Investment Committee - Strategic Moderate Fund
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JNL Investment Committee - Strategic Moderately Aggressive Fund
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A-4
Schedule B
Dated April 28, 2014
Class A & B Shares
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Funds
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Assets
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Fee
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JNL/American Funds Balanced Allocation Fund
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All Assets
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.15%
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JNL/American Funds Blue Chip Income and Growth Fund
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All Assets
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.15%
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JNL/American Funds Global Bond Fund
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All Assets
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.15%
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JNL/American Funds Global Small Capitalization Fund
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All Assets
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.15%
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JNL/American Funds Growth Allocation Fund
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All Assets
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.15%
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JNL/American Funds Growth-Income Fund
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All Assets
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.15%
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JNL/American Funds International Fund
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All Assets
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.15%
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JNL/American Funds New World Fund
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All Assets
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.15%
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JNL/AllianceBernstein Dynamic Asset Allocation Fund
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All Assets
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.15%
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JNL/AQR Managed Futures Strategy Fund
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All Assets
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.20%
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JNL/BlackRock Commodity Securities Strategy Fund
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All Assets
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.15%
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JNL/BlackRock Global Allocation Fund
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All Assets
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.15%
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JNL/BlackRock Large Cap Select Growth Fund
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All Assets
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.10%
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JNL/Brookfield Global Infrastructure and MLP Fund
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All Assets
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.15%
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JNL/Capital Guardian Global Diversified Research Fund
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All Assets
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.15%
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JNL/Capital Guardian Global Balanced Fund
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All Assets
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.15%
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JNL/DFA U.S. Core Equity Fund
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All Assets
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.10%
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JNL/Eagle SmallCap Equity Fund
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All Assets
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.10%
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JNL/Eastspring Investments Asia ex-Japan Fund
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All Assets
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.15%
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JNL/Eastspring Investments China-India Fund
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All Assets
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.20%
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JNL/Franklin Xxxxxxxxx Founding Strategy Fund
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All Assets
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.05%
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JNL/Franklin Xxxxxxxxx Global Growth Fund
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All Assets
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.15%
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JNL/Franklin Xxxxxxxxx Global Multisector Bond Fund
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All Assets
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.15%
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JNL/Franklin Xxxxxxxxx International Small Cap Growth Fund
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All Assets
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.15%
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JNL/Franklin Xxxxxxxxx Income Fund
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All Assets
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.10%
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B-1
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Funds
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Assets
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Fee
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JNL/Franklin Xxxxxxxxx Mutual Shares Fund
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All Assets
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.10%
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JNL/Franklin Xxxxxxxxx Small Cap Value Fund
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All Assets
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.10%
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JNL/Xxxxxxx Sachs Core Plus Bond Fund
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All Assets
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.10%
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JNL/Xxxxxxx Xxxxx Emerging Markets Debt Fund
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All Assets
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.15%
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JNL/Xxxxxxx Sachs Mid Cap Value Fund
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All Assets
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.10%
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JNL/Xxxxxxx Xxxxx U.S. Equity Flex Fund
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All Assets
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.15%
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JNL Institutional Alt 20 Fund
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All Assets
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.05%
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JNL Institutional Alt 35 Fund
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All Assets
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.05%
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JNL Institutional Alt 50 Fund
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All Assets
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.05%
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JNL Institutional Alt 65 Fund
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All Assets
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.05%
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JNL/Invesco International Growth Fund
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All Assets
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.15%
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JNL/Invesco Global Real Estate Fund
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All Assets
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.15%
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JNL/Invesco Large Cap Growth Fund
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All Assets
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.10%
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JNL/Invesco Mid Cap Value Fund
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All Assets
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.10%
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JNL/Invesco Small Cap Growth Fund
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All Assets
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.10%
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JNL/Ivy Asset Strategy Fund
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All Assets
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.15%
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JNL/JPMorgan International Value Fund
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All Assets
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.15%
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JNL/JPMorgan U.S. Government & Quality Bond Fund
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All Assets
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.10%
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JNL/JPMorgan MidCap Growth Fund
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All Assets
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.10%
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JNL/Lazard Emerging Markets Fund
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All Assets
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.15%
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JNL/Mellon Capital Bond Index Fund
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All Assets
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.10%
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JNL/Mellon Capital Dow Xxxxx U.S. Contrarian Opportunities Index Fund
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All Assets
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.15%
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JNL/Mellon Capital Emerging Markets Index Fund
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All Assets
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.15%
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JNL/Mellon Capital European 30 Fund
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All Assets
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.20%
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JNL/Mellon Capital Global Alpha Fund
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All Assets
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.15%
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JNL/Mellon Capital Index 5 Fund
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All Assets
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.05%
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JNL/Mellon Capital International Index Fund
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All Assets
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.15%
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JNL/Mellon Capital Pacific Rim 30 Fund
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All Assets
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.20%
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B-2
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Funds
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Assets
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Fee
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JNL/Mellon Capital Small Cap Index Fund
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All Assets
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.10%
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JNL/Mellon Capital 10 x 10 Fund
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All Assets
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.05%
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JNL/Mellon Capital S&P 500 Index Fund
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All Assets
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.10%
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JNL/Mellon Capital S&P 400 MidCap Index Fund
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All Assets
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.10%
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JNL/Mellon Capital Utilities Sector Fund
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All Assets
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.15%
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JNL/MMRS Growth Fund
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All Assets
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.05%
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JNL/MMRS Moderate Fund
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All Assets
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.05%
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JNL/MMRS Conservative Fund
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All Assets
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.05%
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JNL/Xxxxxx Xxxxxxx Mid Cap Growth Fund
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All Assets
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.15%
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JNL/Xxxxxxxxx Xxxxxx Strategic Income Fund
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All Assets
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.15%
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JNL/Xxxxxxxxxxx Global Growth Fund
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All Assets
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.15%
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JNL/PIMCO Real Return Fund
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All Assets
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.10%
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JNL/PIMCO Total Return Bond Fund
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All Assets
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.10%
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JNL/PPM America Floating Rate Income Fund
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All Assets
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.15%
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JNL/PPM America High Yield Bond Fund
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All Assets
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.10%
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JNL/PPM America Mid Cap Value Fund
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All Assets
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.10%
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JNL/PPM America Small Cap Value Fund
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All Assets
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.10%
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JNL/PPM America Value Equity Fund
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All Assets
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.10%
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JNL/Red Rocks Listed Private Equity Fund
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All Assets
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.15%
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JNL/Scout Unconstrained Bond Fund
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All Assets
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.15%
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JNL/X. Xxxx Price Established Growth Fund
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All Assets
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.10%
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JNL/X. Xxxx Price Mid-Cap Growth Fund
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All Assets
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.10%
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JNL/X. Xxxx Price Short-Term Bond Fund
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All Assets
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.10%
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JNL/X. Xxxx Price Value Fund
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All Assets
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.10%
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JNL/WMC Balanced Fund
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All Assets
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.10%
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JNL/WMC Money Market Fund
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All Assets
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.10%
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JNL/WMC Value Fund
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All Assets
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.10%
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JNL/S&P Managed Growth Fund
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All Assets
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.05%
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B-3
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Funds
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Assets
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Fee
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JNL/S&P Managed Conservative Fund
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All Assets
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.05%
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JNL/S&P Managed Moderate Growth Fund
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All Assets
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.05%
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JNL/S&P Managed Moderate Fund
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All Assets
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.05%
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JNL/S&P Managed Aggressive Growth Fund
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All Assets
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.05%
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JNL/S&P Competitive Advantage Fund
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All Assets
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.10%
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JNL/S&P Dividend Income & Growth Fund
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All Assets
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.10%
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JNL/S&P Intrinsic Value Fund
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All Assets
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.10%
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JNL/S&P Total Yield Fund
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All Assets
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.10%
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JNL/S&P S&P 4 Fund
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All Assets
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.05%
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JNL/S&P S&P Mid 3 Fund
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All Assets
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.10%
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JNL Disciplined Moderate Fund
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All Assets
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.05%
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JNL Disciplined Moderate Growth Fund
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All Assets
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.05%
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JNL Disciplined Growth Fund
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All Assets
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.05%
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JNL Investment Committee - Global Strategic Moderate with Alts Fund
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All Assets
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.05%
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JNL Investment Committee - Global Strategic Moderately Aggressive with Alts Fund
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All Assets
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.05%
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JNL Investment Committee - Strategic Moderate Fund
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All Assets
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.05%
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JNL Investment Committee - Strategic Moderately Aggressive Fund
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All Assets
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.05%
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B-4
Schedule C
Dated April 28, 2014
(List of Adviser’s Administration Agreements with Funds’ Subsidiaries)
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Funds
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Subsidiaries *
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JNL/AllianceBernstein Dynamic Asset Allocation Fund
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JNL/AllianceBernstein Dynamic Asset Allocation Fund Ltd.
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JNL/AQR Managed Futures Strategy Fund
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JNL/AQR Managed Futures Strategy Fund, Ltd.
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JNL/BlackRock Global Allocation Fund
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JNL/BlackRock Global Allocation Fund Ltd.
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JNL/BlackRock Commodity Securities Strategy Fund (formerly, JNL/BlackRock Commodity Securities Fund)
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JNL/BlackRock Commodity Securities Strategy Fund Ltd.
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JNL/Ivy Asset Strategy Fund
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JNL/Ivy Asset Strategy Fund Ltd.
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* The Administrator has entered into an Administration Agreement with each subsidiary -- which is wholly owned by the Fund listed opposite its name -- pursuant to which the subsidiary is obligated to pay an administration fee to the Administrator in the same amount as set forth in Schedule B for its parent Fund.
C-1
